YOAKUM FS&LA Failed 1988
What happened
YOAKUM FS&LA of YOAKUM, TX was closed on 1988-12-29. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PACIFIC SOUTHWEST SB FSB (CORPUS CHRISTI, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2041
- FDIC Certificate
- 29405
- FDIC FIN
- 1812
- Bank name
- YOAKUM FS&LA
- Location
- YOAKUM, TX
- Failure date
- 1988-12-29
- FDIC resolution date
- 1988-12-29
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $27M
- Deposits at failure
- $44M
- Assets at failure
- $44M
- Acquiring bank
- PACIFIC SOUTHWEST SB FSB (CORPUS CHRISTI, TX)
Other banks PACIFIC SOUTHWEST SB FSB acquired in FDIC resolutions